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North Sea collision: 32 casualties brought ashore after ships collide catch fire in North Sea off eastern England
The tanker, believed to be the U.S.-flagged chemical and oil...
Elon Musk’s X suffers massive outage, Indian users unable to access platform
During the downtime, X stopped working completely while the users...
FTX’s Bankman-Fried, celebrity promoters sued in US by crypto investors
The proposed class action filed late Tuesday night in Miami alleges that FTX yield-bearing accounts were unregistered securities that were unlawfully sold in the U.S When the crypto exchange faltered on liquidity concerns, U.S. investors sustained $11 billion in...
UK in advanced talks with regulators on insurance reforms
Ministers have pushed for insurers to be able to direct more capital into areas such as infrastructure and climate transition. The Prudential Regulation Authority (PRA) has warned that loosening the restrictions on where insurers can invest could put future...
Developing countries, China seek ‘loss and damage’ fund – draft proposal
The subject of loss and damage has for the first time been included on the official COP agenda. But developed and developing nations are split over whether a new mechanism is needed or whether existing financial institutions can deliver the cash needed. The G77 bloc...
Abortions, drug use exposed in cyberattack on Australian health insurer Medibank
Following through on a threat, the hackers began publishing the most private medical details of some of Medibank’s customers, including terminated pregnancies, treatment for drug and alcohol addiction and heart attacks, according to a cybersecurity analyst, victims...
BOC Aviation takes insurers to court over claim for jets in Russia
The insurers named in the proceedings, which the filing shows were issued on Nov.3, include Lloyd’s of London Ltd., AIG Inc., Chubb Ltd. and Swiss Re AG. Leasing firms have begun pursuing claims over huge losses since losing control of more than 400 leased planes...
At 8th spot, India ranks high on list for climate protection: report
China, which is the world's biggest polluter now, fell 13 places to 51st in this year's CCPI and received an overall very-low rating due to plans for new coal-fired power plants New Delhi: India climbed two spots to rank eighth out of 63 in the Climate Change...
With 177 million, India largest contributor to global population milestone of 8 billion: UN
The World Population Prospects 2022, released in July this year said that India's population stands at 1.412 billion in 2022, compared with China's 1.426 billion According to UNFPA estimates, 68 per cent of India's population is between 15-64 years old in 2022, while...
US orders Air India to pay $121.5 million as passenger refunds and $1.4 million as fines
Air India is among the six airlines that have agreed to cough up a total of over USD 600 million as refunds, the US Department of Transportation said on Monday Air India’s policy of “refund on request” is contrary to the Department of Transportation policy, which...
Rich nations stick to coal phase-out as China builds new plants
“Accelerated retirements (of coal plants) within the OECD and the collapse in the scale of new project proposals in the rest of the world have been counteracted by the ongoing expansion of the coal fleet in China,” said the PPCA, an international campaign aimed at...
World population to hit 8 billion today: UN Report
While it took the global population 12 years to grow from 7 to 8 billion, it will take approximately 15 years--until 2037-- for it to reach 9 billion, a sign that the overall growth rate of the global population is slowing Globally, life expectancy reached 72.8 years...